Kirkland Lake Gold Inc. (TSX: KLG) and Newmarket Gold Inc. (TSX: NMI) announced Thursday that they have entered into an agreement to merge in an all-stock deal valued at C$1.01 billion. The merger will create a value of $2.4 billion and produce over 500,000 ounces of gold annually for Kirkland. […]
Concerns about Deutsche Bank Remain
Deutsche Bank shares fell this morning as a quick deal with U.S. authorities over a multi-billion dollar penalty seems unlikely. An adjusted figure of roughly $5 billion was in the news last week after the initial demand of $14 billion was raised but US regulators. “Clearly, so long as a […]
Is it 2008 in Europe?
*update @ 9;44am AFP reported Friday that the total fine would be just $5.4 billion. German powerhouse Deutsche Bank has again unnerved the markets as trouble with US bank regulators for its selling of risky mortgages. The incredible $14 billion demand is raising the concern in Europe as Germany the […]